Richard Smith has served as the president of the association since 2009 and is set to complete his tenure with VCIA to create space for new leadership
The Vermont Captive Insurance Association has named two new members to its board of directors, Joe Carter and Gail Newman, effective October 2021
Marsh McLennan Agency has appointed Derek Martisus and Adam Forstot to its Captive Center of Excellence, where they will work closely with the Marsh Captive Solutions group
Although the insurance industry as a whole is experiencing a hard market which has led to increased interest in alternative risk financing, risk retention groups are behind other types of captive structures in terms of new formations
Parametric insurance provider Arbol has launched a solution for climate change risk management, Captive+Parametric
During the session ‘The State of the Cyber Market and the Captive Solution’ at the Vermont Captive Insurance Association, it was outlined that cyber is increasingly an emerging risk and can have huge ramifications for businesses
“The IRS was warning everyone that they would be aggressive, and aggressive they were. Clients noted that auditing agents lacked experience in the captive space or captive insurance knowledge," says Mikhail Raybshteyn
The captive industry has raised a significant amount of capital both in terms of start-up companies, existing insurance companies and reinsurance companies, as well as Lloyd’s syndicates raising capital
In the first of two articles on captive legislation in US states, Diana Bui talks to regulators from Vermont, Utah and North Carolina about their strategies to stay competitive and adapt to industry changes
J.J. DeBrosse, Tom Faulconer and William Gulley from Butler University’s Lacy School of Business, talk about different programmes for professionals working in risk and insurance industry
Atlas Insurance PCC’s Ian-Edward Stafrace shares how innovative cell solutions can simplify cross-border insurance
Butler University’s Victor Puleo and Craig Caldwell discuss the re-domestication of the world’s first student-run captive from Bermuda to Vermont
Zlata Cavka, an account administrator working with captive companies in Vermont, speaks with Diana Bui about captive management and emerging opportunities in the industry
Vermont’s Brittany Nevins shares how the Vermont Captive Insurance Emerging Leaders programme is aiming to educate students and insurance professionals on the benefits of a career in captives
Milliman’s Tara Miller speaks to Frances Jones about her experiences and influences in the industry
Emerging talent Eric Funk talks to Frances Jones about his experience serving at NFP RISC and his future aspirations working in the captive industry
Ten years after the inception of its captive insurance law, North Carolina is flourishing, having hit a significant milestone in licences, and having become the third largest domicile in the US. Ned Holmes examines what the Old North State is doing right
Strategic Risk Solutions observes further domestic options for Canadian captives, while examining the markets of onshore domiciles, Alberta and British Columbia, and offshore in Barbados
Industry participants discuss their hopes for captives in Latin America, as well as recent developments and the barriers to captive uptake in the region
Sandy Bigglestone, Christine Brown and Kevin Mead discuss the prosperous landscape of the captive industry Green Mountain State, as well as the state’s recent legislative amendments and what to expect from this year’s VCIA conference